Hello Guys, Eos was an easy forecast, now the pattern
is almost complete so we wait for a lower consolidation in
the slower time frame for the BIG move up over 10 USD!
I attached the chart with the previous forecast.
Please support me with likes to be encouraged to post...
Will BTCUSD continue to dominate over alts or will the massive gains transfer over to alts like EOSUSD. Personally I added to my position at 7.28 with BTCUSD gains.
Now I must add on my posts...
Not trading advice, DYOR
EOS is fighting to breakout out above the trend line, but this trend line is also the equilibrium of the channel EOS has been in since the 7th. If price breaks down then I expect a retrace back to ~$7.01. If price is able to break above the trend line and make it out of the supply zone, indicated by the grey box, I think price will rise to the top of the channel.
We are getting a lot of mixed signals from EOSUSD, but EOSUSD is sitting on a support line that has been in play all of 2019
We are painting a LONG signal from SwingBot for EOSUSD.
You can either buy at the current price with a tight stop loss, or wait for the break above T1 and buy on the retest. Price action is above all the SMAs
Possible targets and stop...
Just before the bitcoin dump we had an hour ago, i posted this chart in my channel and was about to write an analysis but then things went pretty fast. It doesn't change a lot now, so far just a small drop. But it did break the bullish pattern so 2 options now.
1) We continue to drop and a lot when looking at the chart on the left. There are a few support levels...
4HS CHART EXPLANATION:
a) Price is inside an Ascending channel since December 2018
b) Currently, we can see a small channel (dot lines) in which we will wait to see the resolution of that structure, we think it can bounce on the Ascending trendline or in the support/resistance zone.
c) we will only look for long setups above 7.9450 because at that level the...
You can see a great example of how the trend reverses and the beginning of a new cycle. after reaching the maximum, we fell for a very long time and after we reached the bottom and saw the first volumes of buyers, the accumulation zone began. I will say from my experience after the accumulation zone we will fly out with a large volume of large green candles...
EOS is currently inside a very nice 4H upward Trend Channel. This gives awesome trading opportunity if you can play in both directions.
For long: You will bet the 7-7.1 region to hold: In that case the EOS bulls will have the chance to reach the upside of the channel again at 8 Dollars, giving 10% profits.
For the case we break it down (which is more probable...
After a beautiful surge, we are not staring at at bullish flag, gathering strength into another breakout?
With more Traditional exchanges will allow trading in the crypto world will equal to more capital flowing into crypto thus pushing value higher. So unless, we are going to get some major bad news, it is unlikely that crypto will suffer a major bear...
EOS Bullish View, But don't chase high.
The recent rally may enocurage a lot of new investors to
"Choing" -- rush into this market.
However, 5.5-6.00 is strong supply zone and a lot of previous buyers were trapped there, a pull back may happen
Good Strategy is to buy the low,
4.5 is a good area to buy EOS.
I have mentioned earlier when BTC hit 3600, and...